NuCypher (aka Threshold Network)

Summer 2016Active

Network for decentralized threshold cryptography and end-to-end…

NuCypher (aka Threshold Network)

Summer 2016Active

Network for decentralized threshold cryptography and end-to-end…

Company details

NuCypher is one of two founding teams of the Threshold Network, which hosts tBTC, TACo, Random Beacon & tUSD. Since 2017, NuCypher has pioneered cryptographic primitives for end-to-end encrypted data sharing, including Proxy Re-Encryption and Threshold Access Control (TACo), novel cryptoeconomic mechanisms (e.g. Stable Yield). and original network/governance architectures (including a historic on-chain merger). TACo, our flagship product, is running on over 120 nodes with ~$80m of associated economic security, has paying adopting developers and major infrastructure partners (Ceramic, Irys, Textile, Unlock), and has been decentralized from genesis (mainnet launch in Jan 2024).

Location

Austin, TX, USA; Remote

Founded

Unknown

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